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Prime Bank wins Euromoney award

July 21, 2020 00:00:00

Prime Bank Limited has earned international recognition as Asia's one of the best in its proactive response to COVID-19 pandemic.

London-based reputed media publication, Euromoney, has conferred 'Excellence in Leadership in Asia 2020 Award' to Prime Bank in recognition of the bank's large scale initiative to safeguard interests of the customers and safety of the employees in the wake of COVID-19.

"This is a unique feat for Prime Bank as it is the only bank from South Asia to earn the title in 2020. The honor has put Prime Bank in the exclusive echelon along with global heavyweights like Goldman Sachs and Royal Bank of Canada in the North America, BNP Paribas and Credit Agricole in Europe, HSBC in the Middle East, Citi NA and DBS Singapore in Asia who won the title in 2020," said a statement.

This international award comes in 2020 which marks 25 years of journey of Prime Bank in the country's economic development and national progress. In this very anniversary year, the bank has also won 'Best Bank in Bangladesh Award' from New York based Global Finance magazine. The bank's digital banking initiatives has been recognized by Hong Kong based financial publication, AsiaMoney, with 'Best Digital Bank Award in Bangladesh'.

Euromoney's Awards for Excellence are the awards that matter to the banks and bankers who matter. More than 1,000 corporate organizations from five continents vie for the international accolade.

In the award citation, Euromoney said: "Prime Bank has barely paused during the Covid-19 crisis. The Dhaka-based bank was an early mover on coronavirus in south Asia, raising awareness of the pandemic among employees as early as January 30. As the virus took a grip on the region, Prime Bank, under the leadership of managing director and CEO Rahel Ahmed, found new ways to help workers and customers alike. Since the start of the year it has joined forces in Bangladesh with five domestic NGOs, including the Bidyanondo and Jaago foundations, to raise much needed funds for under-pressure communities."

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